LOUISVILLE, Ky., CINCINNATI and COLUMBUS, Ohio, Oct. 14, 2008 (GLOBE NEWSWIRE) -- Beacon Enterprise Solutions Group, Inc. (OTCBB:BEAC) today announced that it has completed a number of telecom upgrades at multiple locations for First Federal Savings Bank across the states of Indiana and Kentucky.
Beacon Solutions was chosen as First Federal Saving Bank's telecommunications partner and was responsible for upgrades to over 16 locations in the region. These upgrades included transforming their telephone system to utilize VoIP connectivity. In the process, Beacon also routed all interoffice voice traffic to a private, internal network. Additionally, First Federal Savings Bank acquired Farmers State Bank, with four branches in the southern Indiana region, during the time these upgrades were being implemented. Beacon was then tasked to perform all of the low voltage wiring and install a new, fully integrated telecommunication system at these locations.
"First Federal Savings Bank is a prominent, complete financial service provider. We worked hard to complete the upgrades quickly, efficiently and without disruption to their employees or customers throughout the region," commented Rick Mills, President of Beacon Solutions.
"Technologically progressive organizations like First Federal recognize the economic and operational benefits of a unified technology platform throughout the enterprise," added Bruce Widener, CEO of Beacon Solutions. "By bringing together telecommunications services, infrastructure and application development, Beacon is positioned to help its clients capitalize upon the ongoing and rapid convergence of technologies."
About First Federal Savings Bank:
First Financial Service Corporation (Nasdaq:FFKY) is the parent bank holding company of First Federal Savings Bank, which officially opened in 1923 as a state-chartered institution. In 1940 the bank became federally chartered, and then opened a second location in 1957. Beginning as Elizabethtown Building and Loan Association, First Federal Savings Bank has changed their name over the years as they progressed as a company. As of January 8, 2003, the bank was converted from a federally charted savings bank to a commercial charted bank in Kentucky. At this time the holding company name changed to First Financial Service Corporation. Today, the Bank serves seven contiguous counties encompassing Central Kentucky and the Louisville Metropolitan area, including Southern Indiana, through its 20 full-service banking centers and a commercial private banking center with $970 million in total assets.
About Beacon Enterprise Solutions Group, Inc.:
Beacon Enterprise Solutions is a single source provider for voice and data system design, installation and service. Through an integrated team approach, Beacon offers customers everything to make their communications run, from telecom infrastructure design, to software development, to voice/data/security system integration, system installation and maintenance, in addition to long distance, VoIP and Internet access service. Beacon's client roster includes state and local agencies, educational institutions, and over 4,000 companies ranging in size from mid-sized companies to the Fortune 500. While Beacon services customers globally, it is headquartered in Louisville, Ky., and has offices in Cincinnati and Columbus, Ohio; and Mangalore, India. Beacon is publicly traded (OTCBB:BEAC). For more information, please visit www.askbeacon.com or contact the company at 502-657-3500 or investors@askbeacon.com.
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